Features

Rob Chrisman discusses lender barriers to appraisal reform

On November 11th, 2016 Rob Chrisman will join other appraisal industry stakeholders in kicking off Valuation Expo in Las Vegas giving the keynote address. Those of you may know Rob from his widely read Daily Mortgage News & Commentary. The Buzz staff was able to ask Rob a few questions about his take on the future of the industry and …

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Valuation 3.0 Defining a Future Without limits

Change is in the air and is coming from all stakeholder sectors. Regulators are holding banks to higher standards, and as a result, banks are holding appraisers to more stringent requirements. Technology providers are seeing the opportunity to provide much-needed innovation in a manner that facilitates productivity and the accuracy of data analytics. Appraisers who are aware of and recognize …

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Top 5 Events in October

Yes, fall is finally here to fill up your weekends with football games and keeping up with your fantasy team stats. Currently pumpkin spice overwhelms store shelves and, in the blink of an eye, the isle of scary Halloween masks morph into snowmen and cute little santas. We are in a constant whirl wind, it is easy to get lost in …

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Flying a Drone for Appraisal Use

The appraisal industry can benefit greatly from using a drone in practice. Whether it is a roof inspection, fly-over of a creek or a 360 degree panoramic view of the surrounding properties, a drone is an additional tool an appraiser can use. Satellite images can only be zoomed to a certain level before they begin to blur and distort. A …

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Tensions between appraisers and real estate agents

In most of the country, existing home sales were flat or below a year ago in the month of July and the average commitment rate for a 30-year, conventional, fixed-rate mortgage dropped. Tension between appraisers and real estate agents has been brewing for some time. Appraisal Buzz staff asked Tom Salomone, NAR President to address these concerns and issues. Buzz: …

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Shaping the future of appraisal reform.

Eight years have passed since the worst recession since the Great Depression. Reports have shown that since then, progress has been made in creating a more stable and secure financial system. But what will come in November once a new presidential candidate is selected? By the time Valuation Expo takes place in Las Vegas, it will be decided who will …

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Economical Housing by Design

Today’s apartment housing market has three parts: made affordable by subsidy, market rate at moderate rents, and upper middle/luxury. Only ten percent of new construction is aimed at market rate at moderate rents, while this is the biggest part, constituting 70% of the apartment housing market. On October 4th, the American Enterprise Institute (AEI) will be hosting its 1st Annual …

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Will a finished basement add value to a home?

This article was originally published here. For additional articles by Tom Horn visit his website. Does a finished basement add value? A question I get quite often from agents is “Does a basement add value to a home and how much value should I use? This usually occurs when they are doing a CMA and looking at comps to come …

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